Global Edible Gold Leaf Market Overview:
The global edible gold leaf market is expected to grow at a slow pace during the forecast period, according to the AMA study. Increasing demand from food & beverage industry and rising demand from increasing sales of chocolates are expected to be some of the major factors aiding into the growth for the market. However, the market is expected to witness some decline in the growth for the next few months due to the current demand & supply gap but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Adoption of Online Sales Channel
Market Growth Drivers:
Rising Demand from Food & Beverages Industry and Rising Demand for Premium Chocolates Driving the Market
Challenges:
High Cost of Product
Restraints:
Short Term Restraint for the Market Due to Shutting Down of Operations & Process of Different Companies Across Different Parts of the World Due to COVID-19 Pandemic
Opportunities:
Opportunities in the Asia Pacific Region
Competitive Landscape:
The vendors in this market are majorly focusing on developing cost effective products in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time.
Some of the key players profiled in the report are CornucAupia Gold Leaf Manufacturing, Inc. (United States), DeLafée International SARL (Switzerland), GIUSTO MANETTI BATTILORO S.P.A. (Italy), HORIKIN (Japan), Neuberg & Neuberg Importers Group, Inc. (United States), Noris Blattgold GmbH (Germany), The Gold Leaf Company (United States), Wrights Of Lymm Ltd (United Kingdom) and W&B Gold Leaf, LLC (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Edible Gold Leaf market by 2028. Considering Market by Purity, the sub-segment i.e. Purity 95% will boost the Edible Gold Leaf market. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Edible Gold Leaf market.
Latest Market Insights:
In July 2022, Leaf Supply Inc., a leading edible gold leaf supplier based in the US, acquired Golden Leaf LLC, a smaller competitor in the Midwest. This acquisition expanded Leaf Supply's market reach and product portfolio.
In October 2021, Manetti Gold, a renowned Italian edible gold leaf manufacturer, announced it was exploring strategic partnerships with other luxury food companies to expand its product offerings and reach new markets.
Stringent Worldwide Government Regulations Regarding Lockdown of Cities' & States' Operations Leading to Generation of Demand & Supply Gap in the Market
What Can be Explored with the Edible Gold Leaf Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Edible Gold Leaf Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Edible Gold Leaf
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Edible Gold Leaf market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Edible Gold Leaf market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.